Maker Price Risks Drop to $1200 Amid Major Rebranding to SKY

Quick Summary:

MKR recently broke below the crucial $2,200 mark, setting the stage for its continued downtrend to its current price range of around $1,500.

Maker price has been struggling under the weight of declining markets for over six months now.

A break above this would invalidate the current bearish thesis, setting the stage for higher price targets above $3,000.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: Price Analysis Maker Price prediction Maker Price MKR price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 04:36:24 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 48 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22573792

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #59

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